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The board of administrators at Petrobras, Brazil’s state-controlled oil and fuel main, has accredited the nomination of Caio Paes de Andrade to grow to be the corporate’s new chief government officer. The Brazilian authorities had introduced on Might 23 its intention to call Mr. Andrade to the place.
In keeping with Petrobras, Mr. Andrade won’t have to have his identify accredited in a shareholders’ assembly. It’s because former CEO José Mauro Coelho resigned final week, leaving a emptiness on the helm of the corporate, and it’s subsequently as much as the board, on which the federal government controls six of…
Entry all of The Brazilian Report
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